Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company’s current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $ 4,617,010 $ 4,754,310 $ 5,081,970 $ 5,459,390 $ 5,735,870 Cash $ 92,753 $ 90,069 $ 93,105 $ 80,319 $ 78,860 Accounts receivable, net 404,289 421,258 440,963 511,995 567,286 Inventory 808,517 867,939 816,543 882,341 903,474 Total current assets $ 1,305,559 $
Q: Gibraltar Industries is a New York-based manufacturer of high-value-added steel products. In a…
A: Statement of cash flows form a part of financial statements and is prepared with a view to show the…
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: The conceptual formula used:
Q: Company L and Company F are identical in all respects except that Company L usesthe LIFO method and…
A: Introduction: Inventory turnover ratio: Inventory turnover ratio is calculated to determine how…
Q: The following data relates to the operation of a company over a period of three years; sales of…
A: Under High low method, costs at highest level of activity and lowest level of activity are…
Q: Ching Chong Bank has the following data for the first month of the current year: Interest,…
A: Gross receipt refers to the amount of income generated by the firm or company or institution by…
Q: GSW Corp. purchases its inventory from suppliers on account. During the year, its Inventory account…
A: Cash Outflow - It is the amount paid by the company to its supplier / lenders or other different…
Q: GSW Corp. purchases its inventory from suppliers on account. During the year, its Inventory account…
A: Cash outflows to inventory suppliers = Cost of goods sold + Inventory account increased + Accounts…
Q: The following data relates to the operation of a company over a period of three years; sales of…
A: High-Low method: It is a method where fixed and variable cost is separated from the provided data.…
Q: CSR
A: Every company having web value of rupees 5 hundred large integer or a lot of, or turnover of rupees…
Q: Calculate the following profitability ratios: profit margin, return on assets, and return on equity.…
A:
Q: Deere & Company manufactures and distributes farm and construction machinery that it sells…
A: 1.Calculate the following ratios for each year, rounding ratios and percentages to one decimal…
Q: Payton Company has the following segment revenues for the two most recent years. Segment Current…
A: A component in a business which will generate revenues by itself for production is called segment…
Q: wen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: The External Funds needed: The external fund needed is an estimation of the additional investment…
Q: Provided is a map of the Province of Nueva Vizcaya where Jackie Corporation operates its facilities.…
A: Principal office is the main place from where all maintenance activities are being carried out.…
Q: This year, a business bought $10,000,000 worth of products from its suppliers. Its accounts payable…
A: Definition: Average payment period: Average payment period indicates the number of days taken y a…
Q: Nana Adom Company Limited is a wholesale company that deals in general goods. The following…
A: Cash Budget- A cash budget is a plan for identifying an organization's cash inflows and outflows. It…
Q: Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian…
A: Trend percentage = Current year data/Base year data Given, consider Year 1 as the base year.
Q: What were the end of year inventory, sales, cost of sales, and gross profit for each company for…
A: Introduction: Inventory turnover ratio: Inventory turnover ratio is calculated to determine how…
Q: The following information is extracted from a recent year's financial records of a company which…
A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…
Q: Net sales, net income, and total asset figures for Vibrant Controls, Inc., for five consecutive…
A: Return on Sales: In business, return on sales (ROS) is a metric that measures how effectively a firm…
Q: BB Company is merchandising business that sells goods in different parts of the country. The…
A: Total Income refers to Sum of all Income incurred during the year.
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: According to the percentage of sales method, the accounts in the balance sheet possess a percentage…
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: New funds: When an organization has been in a growing stage it requires a lot of funds, through…
Q: 3. JOI Corporation, a manufacturer, has a gross sales of P90,000,000.00 for CY 2021, its fifth year…
A: JOI Corporation, a manufacturer for CY 2021, Gross sales = P90000000 in its 5th year of operations.…
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: According to the percentage of sales method, the accounts in the balance sheet possess a percentage…
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: Total assets of the company would be considered as the combination of current assets and non-current…
Q: Picasso Company is a wholesale distributor of packaging equipment and supplies. The company's sales…
A:
Q: EWELL Processing Company is engaged in the manufacture of rattan furniture primarily designed for…
A: Cash conversion cycle is no. of days taken by a company to convert its inventory into cash flow from…
Q: Brice Foods Group, a European food retailer that operates supermarkets in seven countries, engaged…
A: Solution: Purchase of inventory on account from various suppliers will have effect of increase in…
Q: The remaining commercial goods of the enterprise from the previous period are 15,500 TL. the cost of…
A: Introduction: Gross sales mean the highest sellers, are the total of a company's service and product…
Q: GSW Corp. purchases its inventory from suppliers on account. During the year, its Inventory account…
A: The question says that the balance of inventory is decreased by $40 Million, so if we assume that…
Q: Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian…
A: Asset, Liability and Sales data in trend percentage using Year 1 as the base year:
Q: Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian…
A: Horizontal analysis is prepared to calculate the variance from previous year by showing…
Q: Office Depot, Inc. is one of the largest suppliers of office products in the United States. Suppose…
A: Asset turnover ratio is the ratio of Net Sales divided by the amount of average assets invested.…
Q: PPP Company sold $5 million of protective equipment during the current year of operations. The…
A: Under accrual basis of accounting, revenues are recorded in the year in which sales are made. Under…
Q: Owen’s Electronics has nine operating plants in seven southwestern states. Sales for last year were…
A: The formula to compute required fund needed as follows:
Q: Stay Handy company is a large company providing door to door delivery service for groceries and…
A: Formula: Contribution = Revenue - Variable Cost Break Even Point = Fixed Cost / Contribution per…
Q: FRUITY Company has six divisions that operate in the Philippines. The financial statements of FRUITY…
A:
Q: Ngara Solutions is a software company located in Nairobi Kenya. The company earned twenty million…
A: EBIT = 20 million Kenya shillings [KS] Turnover = 60 million [KS] Investment in PPE = 10 million…
Q: Sweets Industries commenced operations during the year as large importer and exporter of sweet…
A: Inventory valuation is the process of finding the value of the inventory that the company has.…
Q: Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets,…
A: Note: As per the norms of Bartleby, in case of questions with multiple sub parts, the first 3…
Q: Selected data from the year-end financial statements of World Cup Corp. are presented below. The…
A:
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company’s current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows:
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |||||||||||
Sales | $ | 4,617,010 | $ | 4,754,310 | $ | 5,081,970 | $ | 5,459,390 | $ | 5,735,870 | |||||
Cash | $ | 92,753 | $ | 90,069 | $ | 93,105 | $ | 80,319 | $ | 78,860 | |||||
Accounts receivable, net | 404,289 | 421,258 | 440,963 | 511,995 | 567,286 | ||||||||||
Inventory | 808,517 | 867,939 | 816,543 | 882,341 | 903,474 | ||||||||||
Total current assets | $ | 1,305,559 | $ | 1,379,266 | $ | 1,350,611 | $ | 1,474,655 | $ | 1,549,620 | |||||
Current liabilities | $ | 312,169 | $ | 333,151 | $ | 342,274 | $ | 318,352 | $ | 403,812 | |||||
Required:
1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company’s current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $ 4,632,090 $ 4,889,470 $ 4,994,970 $ 5,440,450 $ 5,736,120 Cash $ 83,883 $ 107,036 $ 94,610 $ 88,260 $ 66,503 Accounts receivable, net 416,977 435,170 442,184 501,060 565,287 Inventory 805,509 868,062 819,753 892,341 915,826 Total current assets $ 1,306,369 $ 1,410,268 $ 1,356,547 $ 1,481,661 $ 1,547,616 Current liabilities $ 303,521 $ 335,136 $ 338,848 $ 335,371 $ 392,801 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Yeae S Sales $ 4,600, 790e $4,921,690 5 96,916 426, 158 70, 711 $1.393,785 $5,015,37e $ 5,543,20 S 17,60 $5,650,520 Cash Accounts receivable, net Inventory Total current assets $.95,408 407,016 507,300 451,111 833, 392 $1,371,80) 5 78,245 562,006 B4, 150 $1,479,622 $1,311,000 $1,549,3 Current 1labilities 5 302,390 5 327,119 $ 328,044 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year (Round your percentage answers to 1 decimal plece (ie., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets Cash Accounts receivable, net Inventory Total current assets Current labilitiesRotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been reported as follows over the last five years (Year 5 is the most recent year): Year 1 Year 2 Year 3 Year 4 Year 5 Sales $4,546,750 $4,760,520 $5,009,460 $5,429,040 $5,695,160 $ $ 2$ 2$ 87,970 513,073 895,198 $ 73,368 572,803 907,666 Cash 90,291 401,499 815,059 95,951 417,195 869,228 92,001 448,219 832,208 Accounts receivable, net Inventory Total current assets $1,306,849 $1,382,374 $1,372,428 $1,496,241 $1,553,837 Current liabilities $ 318,258 $ 335,298 $ 335,856 $ 325,402 $ 399,778 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash Accounts receivable Inventory Total current…
- Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $1,800, 000 $1,980,000 $2,070,000 $2,160,000 $2, 250, 000 50,000 300,000 600,000 Cash $4 24 Accounts receivable, net Inventory 65,000 345,000 660,000 48,000 405,000 40,000 510,000 30,000 570,000 750,000 $1,350,000 690,000 720,000 Total current assets $ 950,000 $1,070,000 $1,143,000 $1,270,000 Current liabilities $ 400,000 $ 440,000 $ 520,000 $ 580,000 $ 640,000 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: % % % % Cash % % % Accounts receivable, net % % % Inventory % % % % %…Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 2 $ 4,811,010 $ 107,506 434,300 875,188 Year 1 $ 4,566,790 $ 83,177 412,248 808,923 $ 1,304,348 $ 1,416,994 $ 316,105 $ 348,257 Year 3 $ 5,042,090 $ 97,115 444,761 830,890 $ 1,372,766 $ 335,911 Year 4 $ 5,400,030 $ 82,132 512,978 891,938 $ 1,487,048 $ 321,500 Year 5 $ 5,684,250 $ 78,811 573,511 911,368 $ 1,563,690 $ 397,247 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Sales Current assets: Cash % % % % % Accounts receivable, net % % % % %…Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 Year 2 $ 4,654,890 $ 98,625 412,539 812,564 $ 4,785,720 $ 91,603 423,536 876,894 $ 1,323,728 $ 1,392,033 $ 339,515 $ 300,175 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 % % % % % % Year 2 % % % % % % Year 3. Year 4 Year 5. $ 5,597,560 $ 5,808,960 $ 4,989,130 $ 103,392 439,311 817,070 $ 1,359,773 $ 1,467,996 $ 1,554,121 $333,288 $ 328,594 $ 409,089 $ 74,976 501,957 891,063 $…
- Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 $4,593,830 $ 87,529 404,278 801,291 $ 1,293,098 $ 304,544 Year 1 Year 2 $4,780,780 $93,256 426,549 868,050 $ 1,387,855 $ 338,428 % % % % % % % % % % Year 3 $4,986,700 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) ered as 12 Year 2 Year 3 $ 86,310 433,877 819,354 $ 1,339,541 $ 334,294 % % % % Year 4 $ 5,563,020 Year 4 $ 77,754 496,981 899,709 $1,474,444 $ 322,187 % % % % Year 5 $ 5,640,450…Rotorua Products sells agricultural products in the burgeoning Asian market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 100.0 Year 1 $ 4,513,330 $ 86,858 414,137 805,814 $ 1,306,809 100.0 100.0 100.0 100.0 100.0 % Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3). % % Year 2 $ 4,867,400 $ 97,107 423,798 880,974 $ 1,401,879 $ 318,689 $ 335,942 % % % X Answer is not complete. Year 2 Year 3 $ 5,101,490 $ 88,212 447,360 824,047 $ 1,359,619 $ 324,994 % % % % % % Year 3 % % % % Year 5 Year 4 $5,485,330 $ 5,648,040 % % $ 91,910 507,318 894,402 $…Rotorua Products sells agricultural products in the burgeoning Asian market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 11 Year 2 Year 3 Year 4 Year 5 $4,545,400 $4,737,850 $ 5,126,380 $5,421,900 $5,776,190 Year 1 $ 88,854 418,283 800,380 $ 1,307,517 $ 313,578 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3). % % % % % % Year 2 $ 88,845 $ 77,057 435,833 587,279 $ 90,380 417,076 876,061 $1,383,517 $ 1,350,248 $ 1,466,414 $1,552,502 $ 346,822 $ 336,685 $ 335,107 $ 390,612 825,570 882,078 % % % % % % Year 3 % % % % Year 4 % % $ 80,928 569,984…
- Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumermarket. The company’s current assets, current liabilities, and sales have been reported as follows over thelast five years (Year 5 is the most recent year):Year 5 Year 4 Year 3 Year 2 Year 1Sales ...................................... $NZ2,250,000 $NZ2,160,000 $NZ2,070,000 $NZ1,980,000 $NZ1,800,000Cash ...................................... $NZ 30,000 $NZ 40,000 $NZ 48,000 $NZ 65,000 $NZ 50,000Accounts receivable, net ....... 570,000 510,000 405,000 345,000 300,000Inventory ................................ 750,000 720,000 690,000 660,000 600,000Total current assets ............... $NZ1,350,000 $NZ1,270,000 $NZ1,143,000 $NZ1,070,000 $NZ 950,000Current liabilities .................... $NZ 640,000 $NZ 580,000 $NZ 520,000 $NZ 440,000 $NZ 400,000$NZ stands for New Zealand dollars.Required:1. Express all of the asset, liability, and sales data in trend percentages. (Show percentages for…Deere Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deeres credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts): 1. Calculate the following ratios for each year. Round ratios and percentages to one decimal place, except for per-share amounts, which should be rounded to the nearest cent. a. Return on total assets b. Return on stockholders' equity c. Earnings per share d. Dividend yield e. Price-earnings ratio 2. Based on these data, evaluate Deeres profitability.Analyze Deere & Company Deere & Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deere's credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts): Year 3 Year 2 Year 1 Net income (loss) $1,523.9 $1,940.0 $3,161.7 Preferred dividends $ 0.00 $ 763.7 $ 680.0 $ 664.0 $ 0.00 $0.00 Interest expense Shares outstanding for computing earnings per share 315 334 363 Cash dividend per share $ 2.40 $ 2.40 $ 2.22 $ 57,965 $ 59,642 $ 60,429 $ 6,644 $ 7,912 $ 9,667 $ 92.03 $ 81.10 $ 85.58 Average total assets Average stockholders' equity Average stock price per share 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place, except for per-share amounts. Round per-share amounts to two decimal places.): Year 3…